January 8, 2015
USDA Revises Renewable Energy Loan Guarantees
On December 29, 2014, the U.S. Department of Agriculture (USDA) published the final rule for the Rural Energy for America Program (REAP). REAP is intended to help mainly businesses, as well as some state, local, and tribal governments develop solar, wind, and biomass projects. This new rule will change the requirements for those applying for funding from the grant and loan guarantees for renewable energy and energy efficiency improvements in rural areas. There is now a three-tiered application...